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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Bank of England upgrades forecasts

Category : Business

The Bank of England upgrades its economic growth forecast, but separate figures show a rise in UK unemployment.

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Priceline (and Shatner) can’t lose: Stock up 4%

Category : Stocks

Priceline hit a new 52-week high on strong first quarter results. Investors were willing to forgive a weaker forecast.

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Italy economy to shrink 1.4% in 2013

Category : World News

Italy’s economy will shrink by 1.4% this year, a sharper contraction than previously forecast, says the country’s statistics agency.

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LinkedIn shares hit by weak forecast

Category : Business, World News

Shares of LinkedIn fall more than 10% in after-hours trading in New York, after a weaker-than-expected forecast for the current quarter.

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Japan boosts economic forecasts

Category : World News

The Bank of Japan raises its forecast for both economic growth and inflation this year in its twice yearly report.

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Sony doubles earnings forecast

Category : Business, World News

Sony doubles its earnings forecast for the year to March 2013, helped by the weaker yen and money raised from asset sales.

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Intel maintains sales forecast

Category : Business, World News

Intel, the world’s largest maker of chips for PCs, maintains its sales forecast for 2013, despite an industry-wide slowdown in computer sales.

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Infosys shares fall on weak forecast

Category : World News

Shares of Infosys, India’s second-largest software firm, drop nearly 20% after its revenue growth forecast falls short of market expectations.

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Advertising budgets drop for fifth year in a row

Category : Business

Institute of Practitioners in Advertising’s quarterly Bellwether survey shows budgets fell in 2012, but offers hope for 2014

Downbeat marketers reduced their advertising budgets for a fifth year in a row in 2012, with continuing concerns about the strength of the UK economy leading to a forecast of a fall in ad spend this year.

Despite advertising-friendly events such as Euro 2012 and the feelgood factor of the London Olympics, a greater proportion of companies slashed their ad budgets last year than in 2011.

However, the Institute of Practitioners in Advertising’s quarterly Bellwether survey, which gauges the outlook of the UK marketing industry, found some cause for cheer in the first quarter this year, with marketers more confident than they were at the close of 2012.

While there was only a fractional increase in advertising budgets in the first quarter, marketing executives grew increasingly optimistic about their own company’s financial prospects with confidence at a 12-month high.

However, marketers are taking things cautiously – Bellwether is conservatively forecasting the advertising market to contract by 0.3% this year – as pessimism about the prospects for the UK ad industry continues to persist.

“While there is continued concern about the economic outlook, things do seem to be holding up,” said Paul Bainsfair, director general of the IPA.

The prospect of an advertising boom in 2014, fuelled by the World Cup in Brazil, has led the IPA to forecast ad growth of 2.3%.

The IPA’s growth forecasts are far more pessimistic than those of Warc, the marketing intelligence service, which were also released on Thursday. Warc estimates the UK will grow by 3.1% next year, although this is a downgrade of almost one percentage point from its November report.

“While the Bellwether is suggesting the economy is recovering, it looks set to be another challenging year for businesses and the pace of economic expansion is likely to be modest,” said Chris Williamson, chief economist at Markit which compiles and authors the report for the IPA.”

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Market Research Report — Zinc Dominated the Global Agriculture Micronutrient Market in 2011

Category : Stocks, World News

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